How Much Does a Life and Annuity Agent make?

Life and Annuity Agent made a median salary around $69,583 in December, 2024. The best-paid 25 percent made $79,105 probably that year, while the lowest-paid 25 percent made around $62,086. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Check out Life and Annuity Agent jobs in Charleston, South Carolina

Life Insurance Sales Agent

Dorr Agency - Columbia, SC

Life Insurance Sales Agent

Kemper - Travelers Rest, SC

Wanted Former Consolidated Benefits Life Insurance Agent

Pope Insurance Group LLC - West Columbia, SC

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Best-Paying Cities for Life and Annuity Agent

The metropolitan areas that pay the highest salary in the Life and Annuity Agent profession are Bowling Green , Clover , Edgemoor , Fort Mill , Rock Hill .
Bowling Green, SC $70,975
Clover, SC $70,975
Edgemoor, SC $70,901
Fort Mill, SC $70,901
Rock Hill, SC $70,901

Best-Paying States for Life and Annuity Agent

The states and districts that pay Life and Annuity Agent the highest salary are District of Columbia (around $81,522) , California (around $80,790) , New Jersey (around $80,277) , Alaska (around $79,764) , and Massachusetts (around $79,691) .
District of Columbia $81,522
California $80,790
New Jersey $80,277
Alaska $79,764
Massachusetts $79,691

What is the Career Path of Life and Annuity Agent?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Life and Annuity Agent, the first career path typically starts with a Health Underwriter, Sr. position , and then progresses to Health Underwriting Director.

The second career path typically starts with an Underwriter (Life) III position , and then progresses to Life Underwriting Director.

The third career path typically starts with an Underwriter (P/C) III position , and then progresses to Property Casualty Underwriting Director.

Additionally, the fourth career path typically starts with an Underwriter III position , and then progresses to Chief Underwriting Officer.

Besides, Life and Annuity Agent can also turn to other related jobs, including Life Agent , Life Insurance Agent , Life and Health Agent and Annuity Services Director .

Frequently Asked Questions for Life and Annuity Agent

Q: What is the salary range of Life and Annuity Agent in Charleston, SC?
A: In 2024 , the lowest-paid Life and Annuity Agent in Charleston, SC earned an average annual salary of $62,086 , while the highest-paid made $79,105.
Q: What is the salary for a Life and Annuity Agent in California?
A: Life and Annuity Agent employed in California earned an average salary of $80,790 in 2024.

Average Life and Annuity Agent Pay vs. Other Jobs

Life and Annuity Agent earned an average salary of $69,583 in 2024. Other jobs related to Life and Annuity Agent earned the following average salary in December, 2024. Life Agent made $88,385 , Life Insurance Agent made $41,247 , Life and Health Agent and Annuity Services Director made $90,766 and $131,380 respectively .

Relevant Jobs of Life and Annuity Agent

Life Agent - Average Salary $88,385
There is currently no job description for Life Agent, be the first to submit the job responsibilities for Life Agent.
Life Insurance Agent - Average Salary $41,247
There is currently no job description for Life Insurance Agent, be the first to submit the job responsibilities for Life Insurance Agent.
Life and Health Agent - Average Salary $90,766
A Life and Health Agent is responsible for selling and promoting life and health insurance products to individuals and businesses. They assess the insurance needs of clients, provide information on various insurance policies, and help clients choose the best coverage options for their specific needs. Life and Health Agents also handle policy renewals, claims, and provide ongoing customer service to ensure client satisfaction. They must stay up-to-date on industry regulations and product offerings to effectively advise clients on their insurance options. Additionally, they may also be responsible for generating leads, networking, and building relationships with potential clients to grow their client base. Overall, a Life and Health Agent plays a crucial role in helping individuals and businesses protect their financial well-being and health through insurance coverage.
Annuity Services Director - Average Salary $131,380
Annuity Services Director directs and oversees all aspects of the annuity customer service program. Provides leadership on the administration of annuity products including distribution, asset transfers, death claim approvals to ensure compliance with state and federal regulations. Being an Annuity Services Director maintains appropriate staffing to ensure high-level quality service and ensures hired staff has the education necessary and is provided the appropriate training to keep up-to-date on regulations. Requires a bachelor's degree. Additionally, Annuity Services Director typically reports to top management. Typically requires passing Series 6 (IR) , 26 (IP), and 63 (Uniform Securities Agent State Law) qualifying exams. The Annuity Services Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be an Annuity Services Director typically requires 3+ years of managerial experience.
Life and Health Insurance Agent - Average Salary $52,387
A Life and Health Insurance Agent is responsible for selling and providing advice on various life and health insurance products to individuals and businesses. They assess the insurance needs of clients, explain different policy options, and help them choose the most suitable coverage based on their financial situation and health needs. Additionally, they may also provide ongoing support to clients by assisting with claims, policy changes, and answering any questions or concerns they may have. Life and Health Insurance Agents must stay up-to-date on industry regulations and product offerings to effectively serve their clients and meet sales targets. They may work independently or for an insurance agency.